crude oil - long

TVC:USOIL   CFDs on WTI Crude Oil
44 0
Here we can see price how the candlesticks are changing as price approaches the bullish trendline . These spinning top formations indicate buyers are moving into the market. Some traders may wait until price fully touches the trendline or the 71% retracement in order to take the trade but we can see that this area is also acting as a resistance (even though it has been depleted) for A. This coupled with price approaching the medium level demand zone (green box) could bring about the confidence for a trader to make the trade early.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out